Xiaomi, a Chinese Tech giant has already taken the market by storm with its high-performance yet low cost smartphones to emerge as India’s No. 1 player. And if you thought, that was all, then think again. With their foray into the world of Smart TV’s in India in 2018, the story has been no different here too.  Knowing for shattering all benchmarks and re-inventing technology at jaw-dropping prices, they have emerged as the top player in this new market segment.

Smart TV’s are a relatively new concept for India and Xiaomi has been at it for less than 3 years now. A 55-inch smart 4K HDR TV for Rs 39,999 was hard to imagine back in the day after all. And this was followed by even more affordable options with varying screen sizes in the coming months, but more importantly, it’s how quickly Xiaomi was able to understand the market, and tailor-make their offerings with superior specifications and honest pricing that helped them capture the lion’s share of the market they had set out to achieve. 

Are you contemplating on buying a new MI LED TV? Then we will tell you why that could be one of the best decisions you could ever make

1. Best-in-class Pricing

Xiaomi used the same brand strategy for Smart TV’s by creating appeal for budget buyers as it did for Smart phones. The brand aims to make smart TVs accessible to more consumers and with the recently launched 2021 Redmi’s range, will further break barriers to make a smart TV more affordable to the lower groups too. Xiaomi has about 9 models of MI LED TVs in the Indian market priced between Rs 14,499 to Rs 54,999 in the 24-inch to 65-inch screen sizes.

• Top notch entertainment

These TVs redefine the way you watch TV shows and movies and enable you to experience life-like colours and brilliant picture quality and detailing. The powerful stereo speakers complete your cinematic experience with rich audio quality for a truly immersive experience. With the built-in Chromecast, you can easily stream your favorite content from your smartphone.  Further, these TV’s are officially approved by 2 major platforms- Netfix & Prime so you can be assured of top-quality content

Mi LED TV comes at an unbelievable price Rs 14999 and features a HD-   Ready display that provides an incredible level of viewing, 20W speakers with DTS-HD deliver room-filling sound. The improved PatchWall 3.0 comes with 5000+ apps and games available on Play Store.

• Voice controlled

These TV’s come with the Google Assistant built in. You can also connect them to other devices for a Smart Home experience. The thin-design Xiaomi Mi LED TV 4A 40-Inch Model supports voice control, so users can use the remote with built-in mic to give commands such as “shut down after 10 minutes “or” fast forward to 54 minutes and 21 seconds” to control certain functions without pressing a single button. Isn’t that incredible!

• Highest quality standards

If there is one brand that really listens to their customers, then it has to be Xiaomi. With its ears close to the ground, this customer-centric brand believes in continuously talking to their customers to ensure they keep making their products better. The Mi Fan Early Access Program is one such movement where Mi TVs are sent to enthusiastic fans to test the features first. This helps Xiaomi get feedback and incorporate suggestions for features that it may or may not bring to its Mi TVs in the future.

• Made in India

With advanced features, you also get to enjoy the pride of owning a TV which has been Made in India. In October 2018, Xiaomi partnered with Dixon Technologies and started local assembly, at Tirupati, Andhra Pradesh and over 85% of Xiaomi Mi TVs are now made in India. Xiaomi has recently partnered with Radiant in Telangana to further augment its capacity of Smart TV’s in India.

• Ease of Installation

With the social distancing norms and guidelines, you will no longer need to visit a physical store for your smart TV purchase. From the comfort of your home, you can now purchase your smart TV and enjoy hassle-free installation too.  Xiaomi has over 700 service centres covering close to 12,000-13,000 PIN codes and up to 95% installations which happen within 24 hours after the request. Basic installation is not chargeable however wall-mounting does involve some nominal charge.

And with the 3-way support available for servicing your TV i.e. chat support, hotline number, and e-mail, you can be assured of quick response to your issues.

• Buy online TV on easy Installments with Bajaj Finserv

If you are looking to upgrade to a Smart TV, then the Bajaj Finserv EMI network could be the perfect stop for you. You get access to the latest MI LED TV’s and lucrative offers on your purchase. Moreover when you use your Bajaj Finserv EMI card at checkout, the buying cost gets divided into easy EMI installments which get spread over a flexible tenor. No hidden costs and easy loan processing make for a great purchase, right?

Credit cards are available in a number of types, depending on a card’s purpose, and these can be used for shopping, corporate use, travel and the like. In India, a country accustomed to cash for its financial transactions, the user base of credit cards touched 47 million in the year 2019. The market is expected to grow at a cumulative aggregate growth rate of above 25 per cent between 2020 and 2025.

The popularity of credit cards is rising to surprisingly high levels as India’s demographic wants to climb the digital ladder, and like its western counterparts, carry plastic, as it is not only more convenient, but gives the average Indian the means to spend freely, affording anything in a moment.

The credit card market is still smaller than the debit card market, but since banks and credit card companies are focusing on urban and semi-urban markets, it’s expected to come close to the famous debit card. In the ever-growing credit card market of India, cards issued for general purposes hold sway.

These types of cards are likely to continue their dominance as these can be used in a variety of circumstances, their main use being shopping. Credit cards for corporate use are less, as this is a niche segment. The corporate credit card may be used by large multinational companies, for the main purpose of entertaining guests and travel needs.

Corporate credit cards are issued to employees of corporations, allowing them to charge official business expenses straight to the company. Although this may be one way corporate credit cards are utilized, any business people can avail of corporate credit cards as well.

How Corporate Credit Cards Work

Corporate credit cards are issued by banks and financial institutions, offering a line of credit to consumers. Primarily, these cards are issued with a view to being used for business travel and corporate-related spending. Major players that operate in India in this segment are HDFC Bank, SBI, Axis Bank, Citibank and Bank of Baroda etc.

 The corporate credit card may be authorized for use internationally as it is often used while businesspeople and professionals travel. At the end of 2018, the Reserve Bank of India discontinued the use of old credit cards with magnetic strips in an effort to curb credit card fraud, both within India and with credit card use abroad.

More about Corporate Credit Cards

Corporate credit cards are created to satisfy the needs of established companies. Typically, these companies have revenue of at least $4 million annually. Banks and financial institutions prefer to reserve corporate credit cards for large conglomerates. These cards have high cash limits and offer many bonuses and reward points as purchases are made.

Corporate credit cards are issued on the basis of the financial health of the corporation, and not the user’s personal financial status. Banks and financial institutions, for instance, may require companies to produce recently audited financial statements, details about the structure of the company, tax information etc.

Different Corporate Credit Cards

For a corporate credit card, the company concerned usually applies to the card issuer on behalf of its employee. Financial institutions like Bajaj Finserv also provide credit cards that can be used by business people, and it’s easy to know how to apply Bajaj Finserv credit card use is popular among small businesses, but there are other types of corporate credit cards used for larger companies, such as those from Citibank, Axis Bank, SBI and HSBC. Top corporate credit cards have high joining fees, as well as annual charges.

 Financial charges and interest rates may be on the upper end, but large companies don’t mind as company credit cards can track employee expenses, and moreover, can afford high charges. The perks offered are also on the elevated side as they include higher reward points, and miles earned on air travel, plus access to airport lounges and deals in dining and entertainment.